£299,740
This estimated value is based upon the latest sale price for the house of £236,000 on 18 Aug 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Munro Road
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| Price Paid | Date |
|---|---|
| £236,000 | 18 Aug 2017 |
| £130,000 | 7 Dec 2012 |
| £42,995 | 24 Apr 1998 |
| £36,500 | 30 Sep 1996 |
| Terraced |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in August 2017 the House Price Index for ESSEX was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £236,000 results in an estimated price of approximately £299,740.
| 18 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £236,000 | £63,740 | £299,740 |
The Postcode Pricing Model uses changes in average sales price within the CM8 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -12.850 % | £-30,326 | £205,673 |
| 3 Month Average | -14.169 % | £-33,439 | £202,560 |
| 6 Month Average | 4.860 % | £11,470 | £247,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £290,075 | £285,000 | 1 COURT THREE HEMINGWAY ROAD |
| 24 Nov 2023 | £200,468 | £197,500 | 12 COURT TEN |
| 1 Sep 2023 | £263,367 | £260,000 | 20 COURT TWO |
| 31 Jul 2023 | £238,206 | £235,000 | 6 COURT SIX |
| 23 Jan 2023 | £298,593 | £300,000 | 1 COURT TWELVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Munro Road |
| Mar 2024 | Other crime | Under investigation | On or near Munro Road |
| Mar 2024 | Anti-social behaviour | On or near Munro Road | |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Munro Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Munro Road |